475 Gilead Fairview Rd.CanmerKY42722
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Canmer at 475 Gilead Fairview Rd, Canmer, KY, 42722 priced at $599,000 pairs $1,548/mo rent with after a $2,932/mo payment. Total monthly income equals $1,548/mo. Return on cash invested is 7.29% in year one, and rental yield stands at 3.1% on a $599,000 basis. Equity gained on principal adds $3,865/yr, and 5% annual appreciation accumulates to $165,493 by year five. Five-year ROI measures 34.99% and total cumulative return in cash reaches $68,962. For financing, Ziffy Mortgage’s DSCR program evaluates $1,548/mo property income against a $2,932/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 2014
23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42722, Canmer, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 326 (100%) |
| Owner Occupied HU | 212 (65.0%) |
| Renter Occupied HU | 58 (17.8%) |
| Vacant Housing Units | 56 (17.2%) |
| Median Home Value | $167,969 |
| Average Home Value | $177,288 |
Housing Distribution
Address Breakdown
Residential
345
Single Family
345
Multi-Family
0
Businesses
9
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